Author: Editor

A matatu tout has been arraigned in court to face murder charges after allegedly attacking and killing a colleague with a machete at Cabanas Stage in Embakasi, Nairobi. The tragic incident reportedly occurred in 2019 after a heated argument over passengers between the accused and the deceased. Witnesses claim the confrontation escalated near Rapid Kate Logistics, where the accused retrieved a panga hidden beneath his clothing and attacked his colleague. Court documents indicate that the accused, in a fit of rage, slashed the deceased, Gidraph Mwangi Maroro, on the neck. After Maroro fell to the ground, the accused inflicted further…

The cost of land in five Nairobi suburbs and satellite towns experienced a slight decline during the final quarter of last year, covering October to December. A report by Hass Consult, released on Wednesday, January 22, revealed that land prices in Gigiri, Kitisuru, Muthaiga, Ngong, and Kiambu towns registered marginal decreases compared to the third quarter, which spanned July to September. Among these areas, Kitisuru recorded the most significant drop in land prices within the Nairobi Metropolitan Area, showing a depreciation of 1.4%. Kiambu followed with a smaller drop of 0.3%. Why Land Prices Dropped Sakina Hassanali, the Head of…

The real estate market in Nairobi experienced a notable drop in rental prices across several suburbs and nearby satellite towns during the final quarter of last year, covering October to December. In its Fourth Quarterly Report released on Wednesday, January 22, Hass Consult revealed that rental prices fell in key areas such as Karen, Kileleshwa, Muthaiga, Nyari Estate, Runda, Westlands, Kiserian, Ngong, and Tigoni. According to the report, the steepest declines were recorded in Ngong and Nyari Estate, where rental prices dropped by 2.4%. Muthaiga followed closely with a reduction of 1.4%. The report attributed this downward trend to the…

On Wednesday, January 22, Kenya’s Ministry of Health revealed plans to collaborate with other nations to bridge funding gaps caused by the United States’ decision to withdraw from the World Health Organization (WHO). Speaking during a media briefing, the Ministry of Health’s Director General, Patrick Amoth, stated that the government is exploring alternative partnerships to secure financial support for the critical health sector. “Kenya is strengthening its health resilience through regional alliances, greater domestic investments, and innovative public-private collaborations,” Amoth announced. “These initiatives aim to ensure equitable access to healthcare and maintain high standards of care for all Kenyans,” he…

Three individuals accused of orchestrating fraudulent schemes were apprehended on Tuesday in Nairobi’s Kilimani Estate while attempting to con yet another unsuspecting victim. Their arrest followed a meticulous sting operation by detectives from the Directorate of Criminal Investigations (DCI), which exposed their well-coordinated efforts to defraud innocent Kenyans. The suspects, who had perfected the art of luring victims with promises of lucrative deals, were caught red-handed while trying to deliver a safe filled with fake currency worth Ksh 154.8 million (approximately 1.2 million counterfeit US dollars). Alarmed by their suspicious behavior, their latest target had reported the matter to authorities,…

During a recent political rally in Kakamega, it was reported that the crowd mobilized for President William Ruto’s event was paid Ksh. 200 each. This practice, where attendees receive payment to show up at rallies, has sparked a debate about the authenticity of such gatherings. Many are questioning whether these events are truly reflective of public support or just orchestrated displays with paid participants. The payment of Ksh. 200 to rally attendees is not an isolated incident. It seems to be part of a larger strategy to ensure large turnouts for political events, particularly in key regions like Kakamega. While…

Inspector General of Police Douglas Kanja has recently addressed concerns regarding his repeated absences from court hearings. He acknowledged missing three consecutive court sessions and assured the public that he will not disregard court orders in the future. This statement comes after the High Court directed him and Directorate of Criminal Investigations (DCI) Director Mohamed Amin to produce four individuals who disappeared from Mlolongo in Machakos County. The court had set a deadline of January 13, 2025, for their appearance. The court’s directive followed an application by the Law Society of Kenya, which alleged that the individuals were unlawfully detained…

Nuru Okanga, a vocal political activist, and Kapseret Member of Parliament Oscar Sudi have been involved in a public dispute over financial assistance and housing promises. In August 2024, during an interview on Obinna TV, Sudi pledged to support Okanga with KSh 1.3 million to start a business and promised to buy him a three-bedroom house under the affordable housing program. However, by September 2024, Okanga expressed dissatisfaction with the fulfillment of these promises. He revealed that he had received only KSh 700,000 from Sudi, which he used to establish a posho mill business in his home locality. Okanga demanded…

A bizarre incident in Kenya has sparked debate after a Board of Management (BOM) teacher reportedly lost their job for leaving a classroom mid-lesson to watch a helicopter fly by. The unusual behavior, which occurred in a rural part of the country, left students and colleagues puzzled. The teacher was allegedly drawn outside by the sound of the helicopter, a rare sight in the region. Witnesses say the teacher ran out of the classroom, leaving students unattended, to catch a glimpse of the aircraft as it flew overhead. The incident raised concerns among school administrators about professionalism and commitment to…

What Is a Money Market Fund? A money market fund is a type of mutual fund that invests in short-term, highly liquid, and low-risk financial instruments. These investments typically include: Money market funds are designed to offer investors easy access to their money, minimal risk, and steady returns. These funds, also referred to as money market mutual funds, are insured by the Securities Investor Protection Corporation (SIPC) but not by the Federal Deposit Insurance Corporation (FDIC). It’s important to note that a money market fund is different from a money market account. Key Highlights of Money Market Funds How Money…